Latest Fraud Technique: VIN Cloning
Lenny Liebmann |
For years, vehicle identification numbers (VINs) have served as sufficient proof of a car’s identity. Car buyers, car dealers and auto insurers may have to be more careful about taking VINs at face value, however, because scammers are now “cloning” VINs to fob off stolen vehicles as legitimate ones.
That’s why the
As part of its consumer education program, the NICB has produced a video recounting the experience of a woman from
“We want people to understand that if the price of a used car is too good to be true, they should proceed with extreme caution,” says
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